Which of the Following Is Not an Example of Microfinance

question 34

Multiple Choice

Which of the following is not an example of microfinance?

• A)A loan to a farmer for a goat that will give milk that the farmer can sell.
• B)A loan to a small restaurant owner to buy a refrigerator.
• C)A loan to a U.S.-owned electronics company to expand overseas.
• D)A loan to a woman to buy a sewing machine to make clothes to sell.

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Definitions:

Polyester Cloth

A type of fabric made from polyester fibers, known for its durability, resistance to stretching and shrinking, and quick drying properties.

Direct Materials

Raw materials that can be directly identified and allocated to the production of specific goods or services.

Total Cost

The complete cost of production, including fixed and variable costs, for manufacturing a product or providing a service.

Direct Labor

Expenses of employees directly involved in the production of goods or services, such as wages for assembly line workers.